Text: H01397                            Text: H01399
Text: H01300 - H01399                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 1398

Amendment Text

PAG LIN
  1  1    Amend House File 577 as follows:
  1  2    #1.  Page 1, line 24, by striking the word "from"
  1  3 and inserting the following:  "from, or for the lease
  1  4 of,".
  1  5    #2.  Page 1, line 26, by inserting after the word
  1  6 "purchased" the following:  "or nameplate capacity of
  1  7 the facility leased".
  1  8    #3.  Page 6, by inserting after line 21 the
  1  9 following:
  1 10    "4.  a.  If a rate-regulated public utility files
  1 11 an application to construct an electric power
  1 12 generating facility pursuant to section 476A.3, the
  1 13 board shall specify in advance, by order issued after
  1 14 a contested case proceeding, the ratemaking principles
  1 15 that will apply when the costs of the facility are
  1 16 included in regulated electric rates.
  1 17    b.  In determining the applicable ratemaking
  1 18 principles, the board shall not be limited to
  1 19 traditional ratemaking principles or traditional cost
  1 20 recovery mechanisms.
  1 21    c.  The applicable ratemaking principles shall be
  1 22 determined in a contested case proceeding, which
  1 23 proceeding may be combined with the proceeding for
  1 24 issuance of a certificate conducted pursuant to
  1 25 chapter 476A.
  1 26    d.  The order setting forth the applicable
  1 27 ratemaking principles shall be issued prior to the
  1 28 commencement of construction of the facility.
  1 29    e.  Following issuance of the order, the rate-
  1 30 regulated public utility shall have the option of
  1 31 proceeding with construction of the facility, or
  1 32 withdrawing its application for a certificate under
  1 33 chapter 476A.
  1 34    f.  Notwithstanding any provision of this chapter
  1 35 to the contrary, the ratemaking principles established
  1 36 by the order issued pursuant to paragraph "d" shall be
  1 37 binding with regard to the specific electric power
  1 38 generating facility in any subsequent rate proceeding.
  1 39    Sec.    .  Section 476A.4, Code 2001, is amended by
  1 40 adding the following new subsection:
  1 41    NEW SUBSECTION.  5.  A proceeding for the issuance
  1 42 of a certificate under section 476A.5 may be
  1 43 consolidated with a contested case proceeding for
  1 44 determination of applicable ratemaking principles
  1 45 under section 476.53."
  1 46    #4.  Page 8, by inserting after line 4 the
  1 47 following:
  1 48    "Sec.    .  Section 476A.7, Code 2001, is amended
  1 49 by adding the following new subsection:
  1 50    NEW SUBSECTION.  3.  Pursuant to the provisions of
  2  1 section 476.53, a rate-regulated public utility shall
  2  2 have the option of withdrawing its application for
  2  3 issuance of a certificate at any time prior to the
  2  4 issuance of the certificate, or after the certificate
  2  5 has been issued."
  2  6    #5.  By renumbering as necessary.  
  2  7 
  2  8 
  2  9                               
  2 10 JENKINS of Black Hawk
  2 11 HF 577.519 79
  2 12 jj/cf/24
     

Text: H01397                            Text: H01399
Text: H01300 - H01399                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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